Apr 202014
 

File your objection to the “Plan for the Adjustment of Debts of the City of Detroit – 4th amended” Download instructions and forms here (updated on 5/7/2014): Peoples Objection instructions Microsoft Word version – Peoples Objection to the Plan of Adjustment form PDF version – Peoples Objection to the Plan of Adjustment form Submit by May 12, 2014 […]

 April 20, 2014  Posted by at 4:16 am Uncategorized Tagged with: ,  No Responses »
Apr 182014
 
Judge says Detroiters owe banks $85 million

By Abayomi Azikiwe, April 17, 2014 The ruling on April 11 in the Detroit municipal bankruptcy by Federal Bankruptcy Court Judge Steven Rhodes awarded an $85 million payment to two banks that are heavily implicated in the financial ruin of Detroit and other cities throughout the United States. Rhodes ruled that the third negotiated attempt […]

Apr 052014
 
File your objection to the Plan of Adustment - Deadline is April 28

Updated on March 25, 2014 File your objection to the “Plan for the Adjustment of Debts of the City of Detroit” and/or “Disclosure Statement With Respect to Plan for the Adjustment of Debts of the City of Detroit”. The deadline for filing objections to the Plan of Adjustment is April 28, 2014. Download instructions and […]

 April 5, 2014  Posted by at 3:50 am Uncategorized Tagged with: , ,  No Responses »
Apr 052014
 
Examining the body of evidence in Detroit's bankruptcy trial

By Curt Guyette, Metro Times, April 1, 2014 There is, however, another narrative, one far more shadowy than the virtuous tale Orr served up in his University of Michigan presentation. Detroit Emergency Manager Kevyn Orr stood behind a lectern in a ballroom on the University of Michigan’s campus, telling an attentive crowd how the civic-minded […]

 April 5, 2014  Posted by at 3:22 am Uncategorized Tagged with: , , ,  No Responses »
Apr 052014
 
Retirees, Residents March at Detroit Bankruptcy Court, Send Out Call to Shut City Down May 1

Diane Bukowski, April 2, 2014   Largest protest yet includes numerous unions, community groups Retiree creditors add hundreds more objections to Plan of Adjustment, call for NO vote Amended POA threatens further attacks, up to 60 percent cuts in pensions, annuities, health care; plans to remove Retirement Board trustees  April 1, 2014  During a massive […]

Apr 052014
 

Lisa Hoffman, The National Law Journal, April 03, 2014 After throwing out a putative class action against Goldman Sachs twice before, a federal judge has switched gears on the mortgage securities suit brought by Detroit police and fire retirees and allowed it to proceed. The Police and Fire Retirement System of the City of Detroit […]

 April 5, 2014  Posted by at 2:32 am Uncategorized Tagged with: , ,  No Responses »
Apr 052014
 
Detroiters reject austerity

By Kris Hamel on April 3, 2014 April 1 — More than 500 loud and angry workers marched at the federal bankruptcy court in Detroit to voice their objections to the planned slashing of City retirees’ pensions by 34 percent along with other draconian cuts. The demonstration was called by the Moratorium NOW! Coalition and […]

 April 5, 2014  Posted by at 1:48 am Uncategorized Tagged with: , , ,  No Responses »
Apr 042014
 
Detroiters object to austerity plan

By Kris Hamel, April 1, 2014 The city of Detroit bankruptcy case is being played out in a courtroom far removed from the real future of the city and the destiny of its workers, retirees and residents. Yes, the federal bankruptcy court is in downtown Detroit. But the lawyers representing the emergency-management-run city and the […]

 April 4, 2014  Posted by at 1:50 am Uncategorized Tagged with: , , ,  No Responses »